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The International Monetary Fund (IMF) has urged Oman to review its expenditure policies and introduce new taxesin order to reduce fiscal deficit as oil prices continue falling and reached below $40 per barrel for the first time in seven years. Read more
President Hadi wrote to U.N secretary General Ban Ki-moon informing him that he has “notified the leadership of the coalition of our intention to cease fire for a period of seven days starting December 15 until December 21.” It will Read more
The conference of Syrian forces that will kick-off in Saudi on Wednesday already started to divide opposition forces as displeasure over the list of invitees increases with the Kurdish armed groups holding a two-day rival conference that began on Tuesday Read more
The current momentum to elect Lebanon’s next president, after 18 months of delay and more than 30 unsuccessful attempts, will be decided upon on December 16th when the parliament convenes again to elect a president. The proposal by Saad al-Hariri Read more
There are new reports that Tehran went against two U.N Security Council resolutions after it tested a new medium range ballistic missile, on November 21, which is capable of carrying nuclear warheads. The alleged missile test is believed to be Read more
After the meeting in Vienna of the Oil Producing Exporting Countries (OPEC) held last week ended with member countries deciding not to reduce output leading to a further drop of oil prices to around $43 a barrel, Saudi Arabia which Read more
Iraqi Prime Minister Haider al-Abadi during a meeting with German foreign minister Frank-Walter Steinmeier criticized Turkey for not upholding its promise to stop terrorists from entering into Iraq and battling the crucial smuggling of petrol by the Islamic State. Turkish Read more
US Secretary of State John Kerry and former Secretary Hillary Clinton over the weekend panned Israeli Premier Benjamin Netanyahu for his violence-productive policies including expansion and his refusal to condone two-state solution requested by the international community to end five Read more
After reports emerged on Turkish media that around 150 Turkish soldiers alongside 10 to 25 tanks had reached the town of Bashiqa to train Peshmegra forces, Baghdad, which said it had not been informed about Turkey’s move, ordered the departure Read more
Iran will soon be in possession of the S-300 air defense missile systems marking the beginning of the end of the 2007 $800 million deal signed with Russia. President Putin’s arms trade adviser Vladimir Kozhin told state news agency Tass Read more